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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Alitalia and Etihad Airways Receive Merger Clearance from European Commission

Alitalia and Etihad Airways have confirmed that they have received merger clearance from the European Commission under EU Regulation No. 139/2004.

Etihad, Alitalia Finalize €1,758 Million Investment Deal

Etihad Airways and Alitalia have signed the transaction implementation agreement which will result in a €1,758 million ($2,357.79mn) investment to build a reinvigorated Alitalia as a competitive, sustainably profitable business.

Etihad Moves Forward On Alitalia Investment

Etihad Airways confirmed on 1 June that it will forward a letter detailing the conditions precedent and the criteria for a proposed equity investment that have been negotiated with Italian flagship carrier Alitalia and its stakeholders over the past months.